Eurodollar University

Auto Parts Industry Warns Consumer Behavior Is Changing RAPIDLY

Nov 18, 2024
Steve Van Metre, an expert in economic trends, delves into the shifting landscape of the auto parts industry and its broader implications. He reveals how post-pandemic consumer behavior is faltering, leading to store closures and layoffs as companies grapple with declining sales. Rising prices have made essential repairs unaffordable, sparking fears of a recession. Van Metre draws parallels between consumer spending and economic stability, highlighting that businesses would rather close than cut prices to maintain profits.
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